Investing.com - U.S. stocks opened mixed on Tuesday, as investors eyed the release of upcoming U.S. data amid ongoing uncertainty over the future of the Federal Reserve's stimulus program.
During early U.S. trade, the Dow Jones Industrial Average added 0.12%, the S&P 500 index rose 0.29%, while the Nasdaq Composite index edged up 0.26%.
Markets were jittery amid expectations that the Fed will soon start tapering its USD85 billion-a-month bond buying program.
Investors were awaiting Friday’s U.S. nonfarm payrolls data, with good data set to bolster the dollar further.
In the tech sector, Apple shares jumped 1.20% after the iPhone maker on Tuesday filed for an "iWatch" trademark in Japan, implying that the company is working on developing a smartwatch.
Separately, Raymond James raised its rating on the company to "strong buy" from "outperform."
Zynga added to gains, soaring 11.40% after the social games services provider confirmed that it would replace chief executive officer Mark Pincus with Microsoft executive Don Mattrick.
Also in company news, Walt Disney Co. extended Robert Iger’s tenure as CEO of the entertainment company to June 2016, delaying his planned succession for 15 months. Shares slipped 0.17% following the news.
Among earnings, alcoholic beverage company Constellation Brands reported lower-than-expected quarterly earnings but lifted its full-year forecast, sending shares up 0.58%.
Meanwhile, financial stocks were also broadly higher. Bank of America gained 0.85% and JP Morgan jumped 1%, while Citigroup advanced 0.66%.
Across the Atlantic, European stock markets were lower. The EURO STOXX 50 dropped 0.73%, France’s CAC 40 declined 0.59%, Germany's DAX retreated 0.93%, while Britain's FTSE 100 slipped 0.13%.
During the Asian trading session, Hong Kong's Hang Seng Index dropped 0.70%, while Japan’s Nikkei 225 Index jumped 1.78%.
Later in the day, the U.S. was to produce official data on factory orders.
During early U.S. trade, the Dow Jones Industrial Average added 0.12%, the S&P 500 index rose 0.29%, while the Nasdaq Composite index edged up 0.26%.
Markets were jittery amid expectations that the Fed will soon start tapering its USD85 billion-a-month bond buying program.
Investors were awaiting Friday’s U.S. nonfarm payrolls data, with good data set to bolster the dollar further.
In the tech sector, Apple shares jumped 1.20% after the iPhone maker on Tuesday filed for an "iWatch" trademark in Japan, implying that the company is working on developing a smartwatch.
Separately, Raymond James raised its rating on the company to "strong buy" from "outperform."
Zynga added to gains, soaring 11.40% after the social games services provider confirmed that it would replace chief executive officer Mark Pincus with Microsoft executive Don Mattrick.
Also in company news, Walt Disney Co. extended Robert Iger’s tenure as CEO of the entertainment company to June 2016, delaying his planned succession for 15 months. Shares slipped 0.17% following the news.
Among earnings, alcoholic beverage company Constellation Brands reported lower-than-expected quarterly earnings but lifted its full-year forecast, sending shares up 0.58%.
Meanwhile, financial stocks were also broadly higher. Bank of America gained 0.85% and JP Morgan jumped 1%, while Citigroup advanced 0.66%.
Across the Atlantic, European stock markets were lower. The EURO STOXX 50 dropped 0.73%, France’s CAC 40 declined 0.59%, Germany's DAX retreated 0.93%, while Britain's FTSE 100 slipped 0.13%.
During the Asian trading session, Hong Kong's Hang Seng Index dropped 0.70%, while Japan’s Nikkei 225 Index jumped 1.78%.
Later in the day, the U.S. was to produce official data on factory orders.